Global Hunter Securities Starts Franklin Electric (FELE) at Accumulate
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Franklin Electric (FELE) Cuts Q2 EPS, Revenue Outlook
July 10, 2015 2:31 PM EDTFranklin Electric (NASDAQ: FELE) has revised its previously issued earnings guidance for the second quarter ended July 4, 2015.
For the second quarter, the Company expects adjusted earnings per share to be approximately $0.35 versus the previously issued guidance on April 28, 2015 of $0.54 to $0.58, as a result of significantly lower sales. Second quarter revenues were approximately $37 million below the second... More
